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Current Affairs

Practice and learn questions on latest current affairs on different sectors like Political, National, Business, Sports, Technology etc. Very important section for all type of recruitment exams like UPSC , RBI Grade B, SSC, IBPS, LIC etc

Is China manipulating its currency?

The ongoing trade was a conflict between US-China rose to the extreme with China weakening its currency in retaliation to US tariffs. Currency manipulation – intentionally weakening of one’s own country’s currency to impact another economy. Impact on Asian countries China an export-driven economy by reducing currency it opened further markets for other countries to

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What is Arbitration Council of India?

The government has passed dispute, Arbitration and conciliation (Amendment) Bill 2019. And new Delhi International Arbitration Centre Bill, 2019.”Arbitration” means setting the dispute, especially commercial dispute.outside the courts.  Arbitration in India is governed by the Arbitration and conciliation Act, 1996which is now amended. India has a slow judicial system backlog of cases. Foreign companies used

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What is Development Finance Institution?

 Development Finance Institution (DFI) :- A DFI also known as a development bank or development finance company is a financial institution that provides risk capital for economic development project on non-commercial basis. Difference between DFI & Commercial Banks :- DFIS Commercial Bank Provide long term capital to productive sectors like infrastructure. Provide financial assistance or

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What are Micro Finance Institutions (MFI)

According to the World Bank report close to 1.4 billion people in the different countries don’t have access to the financial service and that’s where Micro-financial Institution play a major role. Goals of MFI’s: Assists the development of community which follow sustainable development. Providing resources to lower section of the society. Evaluation of option to

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Why is Indo-Pacific region important for the world?

In the current times, the concept of US being the superpower after the disintegration of Soviet Union in 1991 doesn’t  hold true. With emerging economies in the Indo- Pacific, it has becoming multi-polar world. As around 60% the trade happens in this region, there is tremendous opportunity for investment & development in the region. However,

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Global Environment: Importance of Amazon rain forest to Earth

Amazon forest is on fire, literally – trees are covered with leaping blazes, rivers are covered with thick plums of smokes are there, animals are running for cover, tribes are being pushed deep inside the forest. In just three minutes around 74,000-hectare areas of forest lands have been lost to blazes, which are burning in

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Malnutrition: Symptoms, causes, diagnosis, and treatment

Malnutrition is a condition where body receives lower nutrition content than what it requires. As per Global Analysis Report 2018, India leads in number of total malnutrition cases in world. It accounts to 1/3rd such cases. Causes are: Poverty : low purchasing power hinder the procurement of nutrition. Irregular eating and feeding can lead to

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Corruption, Causes and Consequences

The Ease of Living Report under the ‘Ministry of Housing and Urban Affairs’ providers 4 pillars and 15 categories which every city must self-assess for meeting aspirations of its people. One of the most important pillars is that ‘GOVERNANCE’ and ‘INSTITUTIONAL’ category. Ease of living must ensure good governance & utmost institutional assistance. The Lok

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Artificial Intelligence – What it is and why it matters

Artificial Intelligence is a technology in which information from required sources are collected and processed to take an accurate decision. E.g. AI in predicting the Monsoonal parameters helps for agriculture. Analysis of AI: Significance of AI: a) AI helps in Banking Sector to identify the loan defaulters. b) It is used in National Security for

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Highlights of Monetary Policy Review- Aug 2019

Monetary policy committee conducted its third bi-annual RBI policy review in August 2019. Here are the key highlights of RBI Policy meet Key highlights of RBI Monetary Policy Review Low economic growth forecasts RBI has revised GDP growth forecast to 6.9% (from earlier 7%) for 2019-20. Why is GDP growth rate declining in India? GDP

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